Adani Enterprises share price dropped as much as 2.63%, while Adani Ports share price fell 2.72%. Adani Total Gas, Adani Green, Adani Energy Solutions and Adani Power shares were down between 1% and 2%.

The Wall Street Journal (WSJ) reported that the US has likely issued a new investigation into Gautam Adanis port-to-power empire, alleging links between Adani entities and Iranian LPG. Adani Enterprises have rejected the buzz.

Shares of India's Adani Group firms fell between 1% and 2.5% on Tuesday, a day after the Wall Street Journal reported that U.S. prosecutors were probing whether Adani entities had imported Iranian LPG into India through their Mundra port.